Search found 130 matches

by mhutch69
Fri Sep 05, 2008 3:29 pm
Forum: Opinions
Topic: Yellow Page ad co's filing suit-anyone experienced this?
Replies: 27
Views: 19815

Re: Yellow Page ad co's filing suit-anyone experienced this?

To all respondents providing legal advice: I avoided litigation with DEX by PROVING that I was ONLY willing to pay for the actual benefit obtained by the YP ad. Dex settled for $20,000 on the bill of $181,000!!!!!!!!!!!! Please read that again. I paid an additional $5,000 for quality representation....
by mhutch69
Fri Sep 05, 2008 3:17 pm
Forum: Opinions
Topic: Brooke Insurance Agents
Replies: 4
Views: 3943

Broke Insurance Agents

OOPS. Did I misspell? NO! The franchisor is changing things further to MAKE SURE that the "franchisees" have NO chance in hell to break even. All historical advanced commissions are now paid as earned, I hear. Broke could not properly calculate the actual earned premium from what I have se...
by mhutch69
Mon Aug 25, 2008 2:49 pm
Forum: Opinions
Topic: No compete clause
Replies: 15
Views: 11151

Re: No compete clause

As far as burying them with legal fees, a start up would not be able to withstand ONE properly worded lawsuit. I can allege and most likely prove the prior employee has taken trade secrets etc. where the case law exists to keep the case going for a while. The legal defense costs would stop them from...
by mhutch69
Thu Aug 21, 2008 12:34 pm
Forum: Opinions
Topic: No compete clause
Replies: 15
Views: 11151

Re: No compete clause

Typical CA. allowing employees to screw big bad employers. I have employees sign that they will not steal customers nor solicit other employees to leave either. If one of my employees opened up next door, I will test the non-compete agreement and wipe them out with legal fees if nothing else. (espec...
by mhutch69
Fri Jul 11, 2008 10:46 am
Forum: Opinions
Topic: Self Employed vs Work for a company
Replies: 10
Views: 7003

Re: Self Employed vs Work for a company

Do BOTH! Nothing better than hiring qualified management to run and build your own businesses while you run and build businesses for larger companies.

That is AMerica!
by mhutch69
Wed Jul 09, 2008 2:35 pm
Forum: Opinions
Topic: Who takes cash and does not require money orders?
Replies: 22
Views: 13700

Re: WHO TAKES CASH AND DOES NOT REQUIRE MONEY ORDERS?

This was my original post and I will explain further to help clarify. I write personal lines non-std auto and cleary encourage our clients to pay within our office each month rather than NOT paying at all. This is typically the choice as most do not have benefit of banking facilities due to past act...
by mhutch69
Fri Jun 27, 2008 11:17 am
Forum: Opinions
Topic: Who takes cash and does not require money orders?
Replies: 22
Views: 13700

Re: WHO TAKES CASH AND DOES NOT REQUIRE MONEY ORDERS?

The reason for my inquiry is that several non-standard auto agencies in Arizona were robbed at gun point recently due to "talk" among employees or customers who knew more than they should have. It was somewhat of an inside job... We write non-standard auto and many do not have banking opti...
by mhutch69
Tue Jun 24, 2008 4:57 pm
Forum: Opinions
Topic: Who takes cash and does not require money orders?
Replies: 22
Views: 13700

Who takes cash and does not require money orders?

Does anyone STILL accept cash for ANY reason in a retail insurance office? Just wondering as some clients are not totally honest and "might" show back up later in the day or week and burglarize the office to obtain all the cash they WATCHED the office collect?

Just wondered?
by mhutch69
Wed Jun 18, 2008 12:31 pm
Forum: Opinions
Topic: Agency Corp Status C vs S ??
Replies: 10
Views: 13207

Re: Agency Corp Status C vs S ??

From my experience, a corporation is rarely ever penetrated absent fraud. Not negligence, but fraud. That is from two attorneys I have used for 20+ years, both of which were prior Directors of Insurance. (not that that means much) But, both are good counsel. I would incorporate as an "S" C...
by mhutch69
Sat Jun 14, 2008 2:15 pm
Forum: Opinions
Topic: Postcard mailers
Replies: 16
Views: 15475

Re: Postcard mailers

dev1, postcards for non-standard auto are very expensive due to the minimal response to that method of advertising from any other product. 1% is a decent return as far as response, then you have to sell them insurance. It is very difficult to separate non-std risks using mailings. I have found postc...
by mhutch69
Mon Jun 02, 2008 1:59 pm
Forum: Opinions
Topic: time management for employees
Replies: 15
Views: 11339

Calling on non-payment customers

Well guys, I have been calling late payment policies in non-standard auto insurance for 30 years. We may not have called every client everytime and have never had a client suggest our lack of a phone call "caused him NOT to pay". Secondly, the legal notice of cancellation sent by the compa...
by mhutch69
Mon Apr 21, 2008 4:56 pm
Forum: Hard-to-Place Accounts
Topic: Licensing Question
Replies: 6
Views: 4118

Re: Licensing Question

Greg Culley, I would gladly assist with any Arizona risks. My agencies have been in business since 1960 in Phoenix. We are licensed to write in AZ. & NV. NV. just eliminated, via court case, their protectionist "countersignature" law. Finally, it is NOT required to pay the resident age...
by mhutch69
Thu Apr 10, 2008 11:10 am
Forum: Opinions
Topic: EPLI
Replies: 8
Views: 5116

Re: EPLI

Sal,

One primary reason for purchasing EPLI is for the coverage that is now excluded on most GL policies. For example, employer discrimination in hiring/improper hiring, improper termination, sexual harassment, and all the other that go with that exposure.

Today, EPLI is required for any business.
by mhutch69
Fri Nov 30, 2007 2:26 pm
Forum: Opinions
Topic: Farmers vs. Independent
Replies: 86
Views: 648525

Come on Rosemary? Brooke, Indepenent?

Rosemary, You are very agressive to recruit off this blog. I am surprised you would enter Brooke's name into this subject and be truly trying to help this young lady. Milliniagirl, (sorry for spelling), please read the other posts and understand the "Brooke Franchise Agreement" before sign...
by mhutch69
Tue Nov 13, 2007 11:53 am
Forum: Opinions
Topic: Starting Out
Replies: 16
Views: 10908

email

Sundance, I understand your reluctance to accept an email such as the one I used. Temporarily, I am not interested in disclosing the name of the company and direct selling retail agency until we have completed all the necessary secretary of state filings and DOI filings in order to preserve our name...